Coinbase discretely onboards PEPE
The listing of PEPE, a joke coin whose popularity is surging, is expected to take place on Coinbase exchange, the biggest trading platform in America. While keeping it under wraps, Coinbase has set up a special page to direct users towards purchasing the PEPE meme coin.
PEPE is only accessible via Coinbase Wallet
Despite having a website specifically for PEPE, Coinbase stated that its consumers could only purchase the meme currency via its noncustodial wallet. The Coinbase Wallet functions just like its two most well-known competitors, Metamask and Trust Wallet, and it features a built-in dApp that provides decentralised exchanges where swaps may be made to buy meme coins.
Even though PEPE is not yet directly listed on its main trading platform, the current interest in the meme coin is regarded as a sign of confidence in the token, which has only been around for a week.
Massive hype around PEPE
Following its parabolic price growth, PEPE has developed into one of the most hyped meme coins in the cryptocurrency ecosystem. Even though the token’s price has dropped by 25.72% as of this writing to $0.000000905, it made multimillionaires within days of its inception.
Despite a history of losses among its early investors, the majority of the meme coin’s supporters are now making money thanks to the coin’s over 298% rise over the previous seven days. Since Shiba Inu began to shift its focus to becoming an infrastructure provider through Shibarium, the demand for a fun new discovery in the Web 3.0 world has caused PEPE’s price to soar by a parabolic factor.
The support Pepe is receiving from some of the biggest exchanges in the sector has also contributed to maintaining the bullish fervour surrounding the coin. It would be a major development for the meme coin if Coinbase ultimately decided to list the coin despite its regulatory and legal obstacles.
